Showing 1 - 10 of 46
During the last three decades the ascent of behavioral economics clearly helped to bring down artificial disciplinary boundaries between psychology and economics. Noting that behavioral economics seems still under the spell of the rational choice tradition and, indirectly, of behaviorism we...
Persistent link: https://www.econbiz.de/10003809939
In this paper we reply to Binmore and Shaked's criticism of the Fehr-Schmidt model of inequity aversion. We put the theory and their arguments into perspective and show that their criticism is not substantiated. Finally, we briefly comment on the main challenges for future research on social...
Persistent link: https://www.econbiz.de/10003848846
We measure time preferences in a sample of 561 children aged seven to eleven years. Using a within-subject design we compare the behavior of our subjects in two distinct experimental tasks: a standard choice list with multiple decisions and a simpler time-investment-exercise requiring one...
Persistent link: https://www.econbiz.de/10011373895
We conduct an artefactual field experiment using a diversified sample of passengers of public transportations to study attitudes towards dishonesty. We find that the diversity of behavior in terms of dis/honesty in laboratory tasks and in the field correlate. Moreover, individuals who have just...
Persistent link: https://www.econbiz.de/10011452076
Outcomes and strategies shown in control questions prior to experimental play may provide subjects with anchors or induce experimenter demand effects. In a Cournot oligopoly experiment we explore whether control questions influence subjects' choices in initial periods and over the course of a...
Persistent link: https://www.econbiz.de/10010222143
This apology is neither a wholesale rejection of economic thought and perspective nor an admission of error in our understanding of ecological values or human impacts on the environment. Life is complex. It's an apology for the unintended damage that's resulted from misapplying economic ideas:...
Persistent link: https://www.econbiz.de/10013085457
In ultimatum game experiments, most subjects will reject very unfair distribution suggestions, such as 80:20 splits of given money. That is, economics experiments have disproved the hypothesis of economic man which insists that rational humans will always maximize their utility. However,...
Persistent link: https://www.econbiz.de/10013067084
We conduct an artefactual field experiment using a diversified sample of passengers of public transportations to study attitudes towards dishonesty. We find that the diversity of behavior in terms of dis/honesty in laboratory tasks and in the field correlate. Moreover, individuals who have just...
Persistent link: https://www.econbiz.de/10012999942
We conduct an artefactual field experiment using a diversified sample of passengers of public transportations to study attitudes towards dishonesty. We find that the diversity of behavior in terms of dishonesty in laboratory tasks and in the field correlate. Moreover, individuals who have just...
Persistent link: https://www.econbiz.de/10013000047
Theory-building with cases is (a) formulating new propositions that emerge from the empirical evidence in a sample of cases and (b) testing them in the same sample. The main difference with most other forms of generating new propositions (such as analyzing the theoretical literature,...
Persistent link: https://www.econbiz.de/10013152294